[Hiring] Head of Risk and Capital @WTW

Role Description

As North America’s Head of Risk and Capital, you will draw on your experience as a senior practitioner and business leader to drive growth for our clients, our business, and our colleagues through:

• Market Development: Define the practice’s market strategy based on current demands and emerging trends across North America’s property casualty insurance and reinsurance markets. The broad focus of this position extends from emerging risk and capital modeling opportunities to tech-led transformation of risk and capital functions. Partner with global service, solution, and go-to-market leaders to advance market development priorities and help clients stay ahead of industry change.
• Client Development: Develop and close risk and capital consulting engagements, and transformative technology opportunities across property and casualty lines, helping new clients achieve their capital objectives while retaining and expanding relationships with existing clients. Achieve both individual and practice sales goals. Success will require close collaboration with colleagues across pricing, reserving, technology, sales, finance, and legal.
• Client Delivery: Assume accountability for client retention and expansion through successful execution of client engagements, ensuring that outcomes meet or exceed client expectations. Tailor methodologies to the scale and complexity of each engagement and draw on the expertise of seasoned consultants across the region and globally to accelerate delivery.
• People & Team Development: Build the capabilities required to deliver best-in-class client service by recruiting, mentoring, managing, and advancing the team’s professional expertise. You will share responsibility for talent management and development with HR partners, people managers, and operations leaders.
• Financial Leadership: Own the growth and profitability for the Risk and Capital Practice across North America property and casualty market. Partner with ICT Finance to manage revenue forecasting, growth, and profitability goals.

Qualifications

• Built and/or scaled an actuarial practice and/or actuarial software business.
• Held responsibility for pipeline development with new clients, new business, and retention of existing clients.
• Experience running the P&L for consulting or market-facing teams.
• Senior practitioner with subject matter expertise across corporate reserving, risk management, capital modeling, reinsurance / ILS.
• Consulting experience with organizations requiring strong problem-solving skills, development of implementation methodologies, and the balance of client delivery obligations with revenue generation.
• Well-established and influential actuarial network within the North American property and casualty (re)insurance market.
• Executive level relationship builder comfortable selling professional services and insurance technology solutions.
• Confidence to partner with senior executives to define practical strategies that turn into executable engagements, delivering measurable business outcomes of growth, competitive moat, efficiency, and risk mitigation.
• Commercial discipline to structure, negotiate and close win-win contracts with clients from straightforward one-year consulting engagements to complex, multi-year enterprise technology transformations.
• A track record of building, motivating, developing, and managing teams of exceptionally talented, domain-specific, client-centric consultants.
• Fostered a community of actuaries and/or data scientists who are subject matter experts, providing the vision and leadership needed to grow and diversify the practice.
• Oversaw the professional development of actuaries with the required expertise across various products and dimensions of the property and casualty industry.
• Point of view on where and how the capital function can produce a ROI by embedding AI into operations.
• Financial understanding of the pricing levers within professional services firms and technology companies.
• Self-driven with a value for teamwork, collaboration, innovation, decisiveness, and integrity.
• Minimum of 15 years of actuarial and insurance industry experience.
• Availability to travel on an as-needed basis.
• Professional designations such as CPCU, CSPA, ARM, FCAS, or equivalent (e.g., FIA) a plus but not required.

Requirements

• This position can be based in a major U.S. Market and is open to remote/virtual work.
• This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Benefits

• Health and Welfare Benefits:
  • Medical (including prescription coverage)
  • Dental
  • Vision
  • Health Savings Account
  • Commuter Account
  • Health Care and Dependent Care Flexible Spending Accounts
  • Group Accident
  • Group Critical Illness
  • Life Insurance
  • AD&D
  • Group Legal
  • Identify Theft Protection
  • Wellbeing Program
  • Work/Life Resources (including Employee Assistance Program)
• Leave Benefits:
  • Paid Holidays
  • Annual Paid Time Off (includes paid state/local paid leave where required)
  • Short-Term Disability
  • Long-Term Disability
  • Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits:
  • Contributory Pension Plan and Savings Plan (401k)
  • All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans

Company Description

WTW’s Global Insurance Consulting and Technology (ICT) business helps insurers and reinsurers strengthen competitive position, accelerate innovation, and deliver sustainable growth. We integrate world-class actuarial expertise with purpose-built insurance technology, advanced analytics, and AI to address complex risk and capital challenges and identify new sources of value. Our consultants combine deep industry knowledge with rigorous analytical capabilities to deliver mission-critical services and solutions that enhance performance, enable transformation, and build resilience. More than 1,000 insurers worldwide rely on this differentiated approach to shape the next phase of their businesses.